Market Overview
Home Prices in Jamaica, IA
The median home value in Jamaica, IA is $188,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jamaica are priced54% below average. Jamaica is part of the Des Moines-West Des Moines, IA metro area.
Price History
Jamaica Home Price Trend
2022
$169,283
$169K
—
2023
$171,582
$172K
+1.4%
2024
$181,573
$182K
+5.8%
2025
$181,370
$181K
-0.1%
2026
$188,018
$188K
+3.7%
City Comparison
Jamaica vs. National Median
🏠 Jamaica
$188,018
National Median
$410,000
At $188,018, homes in Jamaica cost 54% below the national median of $410,000. This makes Jamaica a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jamaica?
20% Down Payment
$37,604
on $188,018
Monthly P&I
$981/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,246/mo
incl. taxes & insurance
Income Needed
$49,840
gross annual (30% rule)
10% Down Option
$18,802
+ PMI applies
Loan Amount (20% dn)
$150,414
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jamaica, IA?
The median home value in Jamaica is $188,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Jamaica?
Over the past year, home values in Jamaica have increased by 3.7%.
How much do I need to earn to buy a home in Jamaica?
To comfortably afford the median home price of $188,018 with a 20% down payment ($37,604) at today's rates (6.8%), you'd need a gross annual income of approximately $49,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Jamaica compare to the national average home price?
The national median home value is approximately $410,000. At $188,018, homes in Jamaica are 54% below the national average.
What metro area is Jamaica part of?
Jamaica is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.